In 2022, the largest non-life insurance company in Norway was Gjensidige. This Norwegian company had notably more than a quarter of the Norwegian non-life insurance market. Over the past decade, their earned premiums increased each year, reaching almost 32 billion Norwegian kroner in 2022. The two following leading companies were the Swedish If, and the Danish Tryg.
Gjensidige’s earned premiums
In 2022, the largest share of Gjensidige’s earned premiums was generated from their commercial insurance, reaching almost 12 billion Norwegian kroner. Meanwhile, their largest private insurance segment was motor vehicle insurance, which represented more than 40 percent of their total premiums earned from private non-life insurance that year.
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Finans Norge. (March 30, 2023). Largest non-life insurance companies in Norway from 2000 to 2022, by market share [Graph]. In Statista. Retrieved October 30, 2024, from https://www.statista.com/statistics/1075543/leading-non-life-insurance-companies-in-norway-by-market-share/
Finans Norge. "Largest non-life insurance companies in Norway from 2000 to 2022, by market share ." Chart. March 30, 2023. Statista. Accessed October 30, 2024. https://www.statista.com/statistics/1075543/leading-non-life-insurance-companies-in-norway-by-market-share/
Finans Norge. (2023). Largest non-life insurance companies in Norway from 2000 to 2022, by market share . Statista. Statista Inc.. Accessed: October 30, 2024. https://www.statista.com/statistics/1075543/leading-non-life-insurance-companies-in-norway-by-market-share/
Finans Norge. "Largest Non-life Insurance Companies in Norway from 2000 to 2022, by Market Share ." Statista, Statista Inc., 30 Mar 2023, https://www.statista.com/statistics/1075543/leading-non-life-insurance-companies-in-norway-by-market-share/
Finans Norge, Largest non-life insurance companies in Norway from 2000 to 2022, by market share Statista, https://www.statista.com/statistics/1075543/leading-non-life-insurance-companies-in-norway-by-market-share/ (last visited October 30, 2024)
Largest non-life insurance companies in Norway from 2000 to 2022, by market share [Graph], Finans Norge, March 30, 2023. [Online]. Available: https://www.statista.com/statistics/1075543/leading-non-life-insurance-companies-in-norway-by-market-share/